QEM Limited

QEM Limitedverified

QEM.AX

Price:

$0.052

Market Cap:

$9.92M

QEM Limited engages in the exploration and development of vanadium and oil shale project in Australia. Its flagship project is the Julia Creek oil shale and vanadium project covering an area of 249.6 square kilometers located in the Julia Creek area of North Western Queensland, Australia. The company was formerly known as Queensland Energy & Minerals Pty Ltd and changed its name to QEM Limited in August 2018. QEM Limited was incorporated in 2014 and is headquartered in Surfers Paradise, Australia.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2018-10-18

Stock Exchange

ASX

Ticker

QEM.AX

The ROE as of December 2024 (TTM) for QEM Limited (QEM.AX) is -172.96%

According to QEM Limited’s latest financial reports and current stock price. The company's current ROE is -172.96%. This represents a change of 51.61% compared to the average of -114.08% of the last 4 quarters.

QEM Limited (QEM.AX) Historical ROE (quarterly & annually)

How has QEM.AX ROE performed in the past?

The mean historical ROE of QEM Limited over the last ten years is 1.41%. The current -172.96% ROE has changed -112.25% with respect to the historical average. Over the past ten years (40 quarters), QEM.AX's ROE was at its highest in in the June 2017 quarter at 2.37%. The ROE was at its lowest in in the December 2023 quarter at -340.97%.

Quarterly (TTM)
Annual

Average

1.41%

Median

-114.16%

Minimum

-169.46%

Maximum

15.11%

QEM Limited (QEM.AX) ROE by Quarter and Year

Discovering the peaks and valleys of QEM Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 327.70%

Maximum Annual ROE = 15.11%

Minimum Annual Increase = -9018.19%

Minimum Annual ROE = -169.46%

Quarterly (TTM)
Annual
YearROEChange
2024-130.71%-21.22%
2023-165.91%6.84%
2022-155.29%26.95%
2021-122.33%181.71%
2020-43.42%-30.86%
2019-62.81%-40.74%
2018-105.99%-100.70%
201715.11%-9018.19%
2016-169.46%327.70%

QEM Limited (QEM.AX) Average ROE

How has QEM.AX ROE performed in the past?

The current ROE of QEM Limited (QEM.AX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-150.64%

5-year avg

-123.53%

10-year avg

1.41%

QEM Limited (QEM.AX) ROE vs. Peers

How is QEM.AX’s ROE compared to its peers?

QEM Limited’s ROE is greater than Lion Energy Limited (-15.18%), greater than Hexagon Energy Materials Limited (-81.79%), greater than Pure Hydrogen Corporation Limited (-20.87%), greater than Hazer Group Limited (-191.56%), greater than Province Resources Limited (-75.49%),

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